The Robot & I | Show Me the Money | Cognizant

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http://www.cognizant.com/InsightsWhitepapers/the-robot-and-I-how-new-digital-technologies-are-making-smart-people-and-businesses-smarter-codex1193.pdf?utm_source=youtube&utm_medium=description&utm_term=pixability&utm_campaign=showmethemoney Reducing costs is often essential to business success. Utilizing robots to address repetitive and rote tasks – what Cognizant calls Intelligent Process Automation – can help companies become more efficient and hence save money. Nearly every process relies on technology, but there's still a huge amount of repetitive data entry, searching, and collating involved. Process steps that haven't been automated and workarounds that require people to toggle between multiple systems to achieve last-mile integration of data represent an excellent opportunity to utilize Intelligent Process Automation. The smart robots of today are digital software tools that mimic human tasks and desktop computers, eliminating manual steps. Freed from time-consuming, labor-intensive tasks, people are now able to spend more time doing what they do best – thinking creatively and critically. This increase in efficiency results in a decline in cost as well as increased speed and accuracy via the formation of a robot-driven, money-saving assembly line. Well over half of those interviewed in Cognizant's survey either predict substantial cost savings due to the use of smart robots in their businesses, or have already seen significant savings with the utilization of IPA. These robots may operate virtually, but their potential for dramatically reducing costs is very real, to the benefit of all participants. To learn more about Cognizant and Intelligent Process Automation, click the link above and download the whitepaper.